U.S. livestock: Chicago cattle, hog futures edge down

Chicago dwell and feeder cattle futures slipped from report highs on Wednesday. Most lean hog contracts additionally misplaced floor.

Most energetic June dwell cattle closed at 212.525 cents per pound, down 1.150 cents. August dwell cattle settled at 208.375 cents a pound, a lack of 1.000 cents.

Most energetic August feeder cattle futures closed at 298.600 cents a pound, down 0.600 cents. Might feeders settled at 294.450 cents per pound, down 1.250 cents.

Selection boxed beef, in the meantime, gained $1.48 per cwt to finish the day at $346.15, the USDA reported. Choose boxed beef closed at $334.00 per cwt, up $1.03.

U.S. grains: Chicago soybeans end down amid US-China trade jitters

Chicago soybean, corn and wheat futures ended a choppy session lower on Wednesday as signs of a thaw in the U.S.-China trade standoff supported agricultural markets, despite lingering concerns about demand and global competition, traders said.

Most energetic June lean hog futures closed at 97.325 cents a pound—a lack of 0.250 cents. July lean hogs gained 0.075 cents to settle at 99.475 cents per pound.

Pork carcass cutout worth edged down $0.16 to finish the day at $95.54 per cwt the USDA stated.

Indicators of a thaw in China-U.S. relations lent help to some agricultural markets, merchants stated.

A deliberate assembly between senior U.S. and Chinese language officers boosted hopes for alleviating tensions earlier within the day however sentiment soured after U.S. President Donald Trump stated he wouldn’t preemptively decrease tariffs on China.

—With recordsdata from Reuters. Costs reported in U.S. {dollars}.